HYPERION ECONOMIC JOURNAL

Hyperion University of Bucharest
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HYPERION ECONOMIC JOURNAL

June 2019
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Characteristics of the Labor Market in Romania between 2008-2016

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Authors:
  • Mariana Bălan, Affiliation: Institute for Economic Forecasting- NIER, Romanian Academy, Bucharest, Romania;
  • Carmen Uzlău, Affiliation: Institute for Economic Forecasting – NIER, Romanian Academy, and Hyperion University, Bucharest, Romania;
  • Corina–Maria Ene, Affiliation: Hyperion University, Bucharest, Romania.
Pages:  3 : 14
Abstract:

The level and quality of employment are important indicators for the current society, workforce being the main engine for the development of any modern economy. Within its Europe 2020 Strategy, the European Union has set itself the target for the 2020 horizon, to reach a 75% employment rate for population aged 20-64-years old at European level. Romania has set an employment target of 70% by 2020 for the same population. Given the current context, Romania's economy is under the influence of a continuous and dynamic process of change, emerged from both the transition to the market economy and the phenomenon of globalization. This paper proposes a systematic, but not complete, approach of the consequences of the global crisis, on the main indicators of the labor market at national level, highlighting the main characteristics of the Romanian labor market: evolutions, structures, peculiarities, regional disparities, etc.

JEL classification:  E24, J21, J23, J62, J64

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